Talk of The Villages Florida - View Single Post - Pre-owned homes appreciated 27% in a year
Thread: Pre-owned homes appreciated 27% in a year
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Old 05-18-2014, 05:53 AM
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Quote:
Originally Posted by Wiserbud47 View Post
The average selling price increase of 27% in one year does not mean that houses have appreciated that much. If more of the larger designer houses were sold during that quarter, it would increase the average selling price in that quarter. You would have to find very similar houses sold in each quarter to find the correct appreciation.
Wiserbud - if you read the entire post you would see where I corrected the information to reflect the average selling price on pre-owned went up that amount.